We hope our young generation learns something during this auspicious festival that will have relevance in their lives. But most importantly—we want them to have fun with ease of enjoying festivals, said Javed Tapia, Founder Slonkit

• An ideal gift for your children in the form of Slonkit Card Aimed at Teaching Kids and Young Adults how to Budget and Spend Money through Hands-On Experience.

As August starts, we set into a mood of gifting and festivities. With Ganesh Chaturthi, round the corner, parents are busy searching for the most practicable, yet innovative gifting options that are engaging and educational for their kids. Slonkit Card is a unique offering that both the child and parent are sure to love: Innovative Money Management Solution! With Slonkit, parents can give pocket money to their children through the Slonkit card and get instant updates on their mobile phones when the children spend on the card. The money can be loaded on to the Slonkit card in a matter of minutes through a debit card or a net banking account.

Slonkit card is responsible, innovative and fun. It is designed to inculcate better money habits in kids and young adults, enabling them to understand and value money The card allows young ones to learn through real-world experiences how to spend money, create and stick to a budget, and understand why money is important. The children can intuitively learn to manage their money by analysing the “spends” across categories such as food, entertainment, shopping, commute etc. and also practice the art of spending within a budget. Slonkit provides a host of offers and discounts across key brands which enable the user to get more value out of the same money. “We hope our young generation learns something during this auspicious festival that will have relevance in their lives. But most importantly—we want them to have fun with ease of enjoying festivals,” said Javed Tapia, Founder Slonkit.

Parents don’t spend enough time talking to young generation about managing money. Parents don’t have the time, resources and tools to have financial conversations with their children —which is why Slonkit focuses on giving kids and young adults a sound financial education and empower them to own their economic success with Hands-on Experiences.

Slonkit, the flagship product of Sienna Systems Resources Pvt. Ltd., is India’s first mobile app linked to a prepaid VISA card that enables youngsters to manage their money smartly. Through the mobile app, Slonkit enables youngsters to get themselves their very own pre-paid card, manage their expenses through the mobile app, make purchases at any POS or online, set budgets, across categories such as food, entertainment, shopping, travel etc., receive alerts and gain insights into their “spend” across categories. Slonkit also enables parents of children age 10 years and above to credit their child’s pocket money on to the Slonkit card and let their children use their very own card and mobile app, thereby learning an essential life skill – smart money management.